South Korea Case Study

Introduction

After the Second World War, Korea was one of the poorest countries in the world; however it has progressively transformed its self into an advanced economy knowledge economy. Korea has transformed its self into a technology hub, where leading technology companies like Samsung, LG operate.

Background of ICT Development in Korea

In June 1950 South Korea and North Korea entered into a civil war that lasted for about 3 years. South Korea suffered enormous damage to its economy and infrastructure as a result of the bombings, artillery strokes and loss of skilled labor. Much of the Korean resources i.e. industries and agricultural were ruined living millions of refugees. After the Korean war South Korea was able to modernize and industrialize with the help of different countries like United States, Germany, Japan and the World Bank by borrowing money. The borrowed money was used to import core technologies that were used to build industries. Government set up policies and identified which industries to invest in first in a bid to rebuild the economy; therefore in the 1960s, the light industries are developed, these

The Ministry of Information and oversees all the ICT sector in coordination with the regulatory bodies; National Information Technology Authority and Uganda Communications Commission. There is has been an increase and growth The growth in the ICT Sector investments over the years has led to the growth in revenue therefore contributing to the country’s GDP. ICT sector has created job opportunities therefore reducing on the employment rate in Uganda. The number of operators providing infrastructure, voice, and data services as grown. The sector has also taken advantage of the nationwide coverage of post offices to further enhance the use of internet by offering ICT facilities; that is the District Business Information